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Ready for subdivision and development Just waiting for you!

Zoned residential with all the plans already in place for subdividing (STCC) into 14 allotments with one of those allotments retaining on approximately 1000m2 the gorgeous old villa style homestead.

So much of the hard work has been done (subdivision plans available upon request) making it so much easier for the astute property investor to calculate the risk and returns. Time has
already been saved by the planning that has been undertaken by the present owner reducing exposure and holding costs enabling you to keep to a more specific time frame.

In the meantime the characterful 7 roomed residence generates $300 p/w rent and goes some way to covering some of the costs associated with holding land. In its own right a beautiful
example of the significant pastoral residences that sprung up during the prosperous years of the
early 1900's throughout the Northern Plains district.

Being set on 1.950hectares affords the chance to create 13 allotments of approximately
1000m2 each PLUS the existing dwelling of course so that is fantastic liquidity rarely
found in land these days leaving the option to retain, engage in J.V's with some smaller developer
builder or retail for maximum return.

Start selling off the plan! fill the order books up whilst you put the finishing touches on the development- These blocks were designed to appeal specifically to the most active buyer demographic in the area.

Appended to the adjoining estate and surrounded by quality freshly built property this estate has all the right ingredients. Multiple entry and access points, near township facilities yet merely
minutes suburbia. Making it close enough to be practical and convenient yet far enough away to
maintain that country vibe.

A truly outstanding and remarkable offering being made available at the right stage of development.
This land is ready and waiting for the smart money to be invested, its waiting for you!

For further information please contact Dave Stockbridge on 0413 089 910 or email davestockbridge@remax.com.au

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Dave Stockbridge

Director
0413 089 910
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